This week in banking news - CommBank rewards, university scholarships, car loans and sustainable gifting

By Tara McCabe · · 3 min read
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  • Find out about the new scholarship offered by Bendigo & Adelaide Bank
  • The hidden cost of Christmas you didn’t think about
  • How CommBank’s new rewards program could save you money
  • November, a busy time of year for rewards credit card holders?
  • How sustainable gifts could save you money
  • Why now is the time to be comparing car loans

All in this week's banking recap.

Bendigo & Adelaide Bank announce 2020 uni scholarships

If you live rurally and you’re thinking of heading off to university next year, you’ll be pleased to hear that Bendigo and Adelaide Bank are now offering scholarships for 2020 uni applicants from regional areas.

For students who are able to meet the criteria, scholarships of up to $5,000 are up for grabs.

Keen to find out more? Read the full article on Bendigo and Adelaide Bank’s new scholarship here.

Energy: the expense you haven’t budgeted for this Christmas

Whether you love Christmas or not, you probably don’t mind the idea of holing up for a few days and forgetting about the outside world. But of course, with that you’ve probably got the Christmas tree lights on, a second fridge might be rolled out and you might even be baking a lot more in the oven than usual.

So what does that mean for your energy bill? Well after crunching the numbers, Mozo worked out that the average Aussie household adds on $173.16 to its summer energy bill, at this time of year.

Want to find out which appliances are the most costly to run? Why not read the full article on the hidden costs of energy at Christmas time.

How CommBank’s new rewards program could save you money

Speaking of saving money, if you’re a CommBank customer you might be interested to hear that the bank has just released a new rewards program that could save you money. 

With CommBank’s new feature, you could earn cashback rewards with everyday expenses, including your weekly shopping trip to Coles. 

Read the full article on the Commonwealth Bank’s new cashback scheme here.

Did you redeem your credit card rewards in November?

Well if you did then you’re probably not the only one. According to research carried out by Citi, November was the time to cash in rewards points. In fact, the month saw a 72% hike in customers redeeming hard earned rewards points.

Of course with Christmas just around the corner, it’s no surprise that rewards credit card holders have been hurrying to cash in all those sweet rewards points. 

Check out the full article to read more about why credit card holders cashed in rewards points in November and to learn more about how you can make the most of your rewards programs. 

How opting for sustainable presents could save you money

Need some last minute gift ideas for Christmas? Well it turns out sustainable presents could be the way to go. We spoke to ME Bank’s Matt Read to find out what eco presents could not only help save the planet, but also save you from dipping into your savings account.

Intrigued to find out what they are? You can read the full article on sustainable Christmas gifts to find out more.

Why now is the best time of year to compare car loans

It’s December and we all know what that means. Christmas, yes Christmas, but also car clearance deals! As you probably already know, the end of the year and the new year is a great time to get a good deal on a new set of wheels. At this time of year dealerships will be hurrying to offload cars built in 2019.

So if you’ve got your eyes on a particular model, now might be the time to think about which car loan will help you get behind the steering wheel sooner.
Want to find out more? Head here to read the full article on the hottest car loan deals right now.

Or if you’re in the mood for scrolling, why not take a look at the deals below, to see which one might help you get your hands on your new vehicle.

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can search our database of 91 car loans using the filters.
Last updated 5 December 2025 Important disclosures and comparison rate warning*

Car loan comparisons on Mozo

  • Promoted

    Low Rate Car Loan Excellent Credit

    • Fixed, Secured
    Interest rate from
    5.66 % p.a.
    to
    23.03 % p.a.
    Comparison rate from
    6.45 % p.a.
    to
    24.98 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $605
    Go to site

    Borrow up to $100,000. No monthly account or early repayment fees. Available for new or used vehicles. Fast, simple online application with loan approval in as little as 9 minutes according to Harmoney.

  • Promoted

    New Car Loan

    • up to 4 years old, Fixed, Secured
    Interest rate from
    5.99 % p.a.
    Comparison rate from
    6.34 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $608
    Go to site

    Fast online conditional approval. No monthly account fee. Unrestricted additional repayments. No penalty for early payout, and a fast application process. Borrow up to $125,000. Apply online in under 10 minutes.

  • Promoted

    Car Loan

    • Variable, Secured
    Interest rate from
    5.99 % p.a.
    Comparison rate from
    7.12 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $608
    Go to site

    Low variable car loan rate for purchasing new and demo vehicles from dealers. Personalised loan amounts between $5,000 and $150,000. Flexible repayment options. Choose between the 3 to 7 year loan terms. Good credit history. Stable employment history and Australian citizenship or PR required.

  • Promoted

    Used Car Loan

    • Fixed, Secured, No vehicle age limit, $5,000-$100,000
    Interest rate from
    5.95 % p.a.
    to
    18.99 % p.a.
    Comparison rate from
    5.95 % p.a.
    to
    21.78 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $608
    Go to site

    Get a competitive fixed interest rate on a secured used car loan of up to $100,000 depending on your credit score. No vehicle age limits. Easy online application. Fast pre-approval. Pre-approved funds held for 1 month. No monthly account keeping fees, no exit fees and no early repayment fees. Flexible weekly, fortnightly or monthly repayments on terms from 1 to 7 years.

  • Promoted

    New Car Loan

    • Fixed, Secured, $5,000-$100,000
    Interest rate from
    5.95 % p.a.
    to
    18.99 % p.a.
    Comparison rate from
    5.95 % p.a.
    to
    21.78 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $608
    Go to site

    Get a competitive fixed interest rate on a secured new car loan of up to $100,000 depending on your credit score. Easy online application. Fast pre-approval. Pre-approved funds held for 1 month. No monthly account keeping fees, no exit fees and no early repayment fees. Flexible weekly, fortnightly or monthly repayments on terms from 1 to 7 years.

  • Promoted

    Car Loan

    • Fixed, Secured
    Interest rate from
    6.54 % p.a.
    Comparison rate from
    7.67 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $613
    Go to site

  • Low Rate Car Loan Excellent Credit

    • Fixed, Secured
    Interest rate from
    5.66 % p.a.
    to
    23.03 % p.a.
    Comparison rate from
    6.45 % p.a.
    to
    24.98 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $605
    Go to site

    Borrow up to $100,000. No monthly account or early repayment fees. Available for new or used vehicles. Fast, simple online application with loan approval in as little as 9 minutes according to Harmoney.

  • Unsecured Personal Loan

    • Fixed
    Interest rate from
    5.76 % p.a.
    to
    24.03 % p.a.
    Comparison rate from
    5.76 % p.a.
    to
    24.98 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $606
    Go to site

    Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you could qualify (other eligibility criteria may apply).

  • Debt Consolidation Loan

    Interest rate from
    5.76 % p.a.
    to
    24.03 % p.a.
    Comparison rate from
    5.76 % p.a.
    to
    24.98 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $606
    Go to site

    Roll multiple debts into one loan to streamline your finances with one set of repayments and one interest rate. Competitive fixed interest rates with no monthly or early repayment fees and flexible repayment options. Easy online application and funding in as little as 24 hours (subject to approval).

  • New Car Loan

    • up to 4 years old, Fixed, Secured
    Interest rate from
    5.99 % p.a.
    Comparison rate from
    6.34 % p.a.
    Based on $30,000 over 5 years
    Monthly repayment
    $608
    Go to site

    Fast online conditional approval. No monthly account fee. Unrestricted additional repayments. No penalty for early payout, and a fast application process. Borrow up to $125,000. Apply online in under 10 minutes.

Showing 8 results from 91 car loans. Use the filters to see more

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While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.